Within 45 minutes of the fundraiser’s initiation, Curve reached over £4,000,000. This has meant that the Fintech company has become the fastest startup ever to reach this amount crowdfunding on Crowdcube.

In less than 5 hours, the company hit £6,000,000.

Curve consolidates multiple bank cards and accounts into a single card and accompanying app.

Curve previously secured its Series B funding in July, taking the total investment in Curve to over £58m. This valued the company at a quarter of a billion dollars.

This continued investment, marks the starts of a new era in banking, as it places Curve in the top five UK consumer Fintcechs by valuation, alongside companies such as Transferwise, Starling, Monzo and Revolut.

Curve is currently working to develop the first-ever over-the-top banking platform which moves banking to the cloud and simplifies money management.

Curve has experienced a period of extensive growth in customer base and team. Since its Beta launch in February 2018, Curve has had more than 500,000 signups and are on their way to welcoming its millionth customer by the end of the year.

Shachar Bialick, Founder and CEO of Curve, said: “Curve customers are the beating heart of Curve and the unprecedented success of our first-ever funding round demonstrates their faith in the business and shows the world that people are ready for a revolution in finance.

“We have been blown away by this record-breaking investment from the Curve community and we are delighted to welcome them on board our mission to move banking to the cloud and change the world of finance forever.”

Luke Lang, co-founder of Crowdcube, said: “The impressive level of investment underlines the strong bond Curve has with its community, who clearly believe in the company and I’m sure will help supercharge its next phase of growth.”